Huannan Bank Announces Transfer of Credit Assets via Subsidiary

Disclosure Date: June 27, 115
Announcement Date: June 26, 115
Announcement Time: 18:47:23
Company Code: 2880
Company Name: Huannan Financial Holding
Subject: Announcement on the Transfer of Credit Assets by Subsidiary Huannan Commercial Bank
Applicable Clause: Clause 20
Factual Date: June 26, 115

1. Name and Nature of the Asset (For preferred shares, specify issuance terms such as dividend rate):
Financial Institution Receivables (Loans)

2. Factual Date: June 26, 115 ~ June 26, 115

3. Board Approval Date: Not applicable

4. Other Approval Dates:
Approval Level: Executive Board
June 26, 115 (Minguo Calendar)

5. Transaction Quantity, Unit Price, and Total Amount:
MOP 174,017,474.00

6. Counterparty and Relationship with the Company (If the counterparty is a natural person and not a related party, name disclosure may be omitted):
To be announced after sale

7. If the counterparty is a related party, state the reason for selection, previous transferor, relationships among previous transferor, company, and counterparty, transfer date, and amount:
Not applicable

8. If the asset’s owner was a related party within the past five years, disclose the related party’s acquisition and disposal date, price, and relationship with the company at the time:
Not applicable

9. Details of the disposal of receivables (including types of collateral attached; if receivables from related parties are involved, disclose names and book value):
Collateral attached to disposed receivables: Real estate, etc.

10. Gain (or loss) from disposal (not applicable for acquisition of securities; deferred gains shall be explained in a table):
Gain (or loss) recognized based on actual disposal price

11. Delivery or payment terms (including payment schedule and amount), contractual restrictions, and other important agreements:
Conducted in accordance with the original syndicated loan agreement and secondary public market practices

12. Decision-making method for the transaction, pricing reference basis, and decision-making unit:
Approved by the Executive Board; price determined by secondary public market

13. Net asset value per share of the securities-issuing company (if applicable):
Not applicable

14. Cumulative holdings (including this transaction) of the securities involved, in quantity, amount, ownership percentage, and any restrictions (e.g., pledge status):
Not applicable

15. Cumulative securities investments under Article 3 of the “Regulations on Acquisition or Disposal of Assets by Publicly Issued Companies” (including this transaction), as a percentage of total assets and equity attributable to parent owners in the latest financial statements, and the amount of working capital in the latest financial statements:
Not applicable

16. Broker and brokerage fees:
None

17. Specific purpose or use of the acquisition or disposal:
Sale of original credit assets

18. Dissenting directors’ opinions on this transaction:
Not applicable

19. Is this a related-party transaction? No

20. Date of supervisor approval or audit committee consent:
Not applicable

21. Did the accountant issue a non-reasonableness opinion on this transaction? No

22. Name of accounting firm:
Not applicable

23. Name of accountant:
Not applicable

24. Accountant’s license number:
Not applicable

25. Does this involve a change in business model? No

26. Explanation of business model change:
Not applicable

27. Transaction history with the counterparty in the past year and expected in the next year:
Not applicable

28. Source of funds:
Not applicable

29. Previous date of material information disclosure on the same event: Not applicable

30. Other explanatory matters:
This transaction is calculated based on the exchange rate as of 115/05/30 (MOP:NTD = 1:3.8874)